80 reasons to choose a heat pump 6 1 A heat pump increases the value of your property The installation of heat pumps significantly enhances the Energy Performance Certificate (EPC) ratings of buildings in Europe, often improving them by one or two energy classes. This improvement leads to energy savings, increased comfort, and a better environmental profile, which can boost property values or rental fees by 2 to 8%. 2 Projections of savings on energy costs by heat pumps The installation of a heat pump to substitute a natural gas boiler is expected to generate energy savings over 10 years. Energy savings are likely to grow at a steady pace over the years. Daikin Europe conducted simulations to forecast energy prices, considering factors such as historical prices, the European Emission Trading System (ETS), and future carbon taxation. A case study estimated savings for a reference house with a heating demand of 10,000 kWh, showing that using a heat pump can save a total of €2,602 over the decade. 3 Overview of incentive schemes on heat pump technology Although heat pumps may require a higher initial investment than traditional heating systems, they are often eligible for government incentives and premiums. To contrast climate change, many governments are phasing out gas and oil boilers and promoting low-carbon solutions like heat pumps. Historically, convincing homeowners to switch to heat pumps has been challenging, but rising gas prices and the availability of subsidies across Europe are increasing interest and acceptance. These subsidies significantly enhance the competitiveness of heat pumps, accelerating the transition to sustainable heating solutions.
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